Ifo Ekpre-Olomu, a former cornerback for the Oregon Ducks, will become the first player to receive money from loss of draft value insurance, reports Dennis Dodd of CBSSports.com.

Ekpre-Olomu was expected to be a first-round draft pick in 2015, but sustained a torn ACL injury that left him sidelined for the College Football Playoff. Ekpre-Olomu was eventually drafted by the Cleveland Browns in the seventh round as the 241st pick.

Keith Lerner, the head of Total Planning Sports Services—which provided Ekpre-Olomu with the policy—told CBS Sports that the “claim is close to getting paid.” Ekpre-Olomu, 22, should receive a $3 million claim in 30 to 60 days, Lerner said.